Breaking News

Viltrox Announces AF 15mm F1.7 Air MSI Prestige 16 AI Mercedes-AMG Motorsport Limited Edition Laptop GAMEMAX Introduces AERIS 330 Series micro-ATX PC Case COLORFUL Launches Rimbook Series Laptops Circular Smart Rings Offer Early Detection of Sickness Symptoms

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

BlackBerry's Revenue Keeps Increasing

BlackBerry's Revenue Keeps Increasing

Enterprise & IT Jun 26,2019 0

Canadian software maker BlackBerry Ltd on Wednesday reported higher than expected quarterly revenue, as it benefited from its recent $1.4 billion bet on cybersecurity firm Cylance.

BlackBerry in February completed its acquisition of Cylance, whose software uses machine learning to preempt security breaches.

In the first quarter, adjusted revenue from Cylance was $51 million.

BlackBerry, once known for its phones, has pivoted to selling software such as those used in mobiles and by automakers, and more recently supplying technology to companies developing driverless cars.

BlackBerry’s revenue rose 23% to $267 million in the quarter.

The company’s net loss narrowed to $35 million in the quarter ended May 31, from $60 million, a year earlier.

Tags: BlackBerry
Previous Post
Firefox Launches Track THIS To Reveal What Third-Party Cookies Do
Next Post
China Hacked Major Computer Services Firms: report

Related Posts

  • TCL to Stop Selling Blackberry Phones

  • BlackBerry KEY2 Red Edition Available In The United States

  • BlackBerry Messenger is Shutting Down

  • Licensing Fuels BlackBerry's Quarterly Revenue

  • BlackBerry Takes Twitter in Court Over Patent Infringement

  • Software Push Pays Off For BlackBerry

  • BlackBerry to Buy Cylance for $1.4 Billion to Add AI and Cybersecurity Capabilities

  • BlackBerry to Spark Secure Hyperconnectivity with New EoT Platform

Latest News

Viltrox Announces AF 15mm F1.7 Air
Cameras

Viltrox Announces AF 15mm F1.7 Air

MSI Prestige 16 AI Mercedes-AMG Motorsport Limited Edition Laptop
Consumer Electronics

MSI Prestige 16 AI Mercedes-AMG Motorsport Limited Edition Laptop

GAMEMAX Introduces AERIS 330 Series micro-ATX PC Case
Cooling Systems

GAMEMAX Introduces AERIS 330 Series micro-ATX PC Case

COLORFUL Launches Rimbook Series Laptops
Enterprise & IT

COLORFUL Launches Rimbook Series Laptops

Circular Smart Rings Offer Early Detection of Sickness Symptoms
Consumer Electronics

Circular Smart Rings Offer Early Detection of Sickness Symptoms

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed